economy

Some technologies are designed to fail you, so that you will want more and more of them, and you will be prepared to pay higher prices.

Laptops and girlfriends come to mind.

Lets just discuss the laptops. I originally intended the wrote up as a two line joke, which are not allowed in our civilized world, perhaps because we do not know how to deal with such, so let just go and discuss the laptops. You can replace that with anything of your choice. Lets say blogging is a technology invented to keep us busy and less harping about our day today problems and let capitalism has its sighs of relief.

The prices I have paid for my laptop, if I had saved them, I could have easily purchased a hatchback, in today’s time. Believe it or not. But the same laptops are now available at mere 30000.

Per km fare of a typical airfare now a days could be Rs 3. That for an auto Rs 14.

If you were to (only hypothetically: spherical cow) continue to travel via auto for 1500 kms, you would spend far more for the fare this way, than for an airplane, in that proportion, apart from fatigue, time of travel, inconvenience and other contingencies.

But airplanes do look like auto, in some sense, usually 3 main places where wheels are located in an airplane? atleast asis visible right away, in the reverse order of an auto, although technically airplanes could have far more numbers of wheels.

We spend undecided by future and past. They are the variables that often affect us the least, we spend fueled by our present in the belief that will change our past and future. Often our capabilities are only a matter… Read More ›

The super layers of Asians or Indians, that actually are famous or rich in USA are the kind that actually lived in advanced countries for several decades. You hardly see graduate students driving BMW. But the American folks have a spendthrift attitude as well. Of-course its none of my problem, and to much extent I may or may not be so. But I am only pointing to a habit of saving rather than just spending. Many dark stories of 2008 when recession showed up everywhere we read horror stories on wall-street. One guy who had a mansion to live in works as a waiter pretty soon as he lost his job and had to pay back his credits. His friends were eating up in the same place and were shocked to see him serving. But thats just recession and not Outsourcing.

Much of India’s wealth did not come from Outsourcing but traditionally India has been a very rich country until last few 100 years when its wealth were plundered by its rulers. To add to India’s depression the population went 400% in a matter of 50 years after 1947 when Republic of India vowed to change its midnight culture, we thought since we are independent we can actually do anything including increase our population and have as many kids as we wish, we are truly innocent people. Who could have planned such demise except the statesmanship of leaders that we had. USA is also blessed with such self-aggrandizing capitalists. Who forgets Enron or Lehman Brothers?

American economy itself is to much extent one of immigration and outsourcing. Why the wild-cry? The African exodus that supplied the Americas its human resources for centuries is one of the most widely known forms of outsourcing.

I think America like in the great depression has evidenced it buckled up and showed itself to be a resilient economy, wraps up now or weep in blemish excuses that the same business activities that has supplied its nationhood power and valiance is to be considered a bane.

As you read from what Wikipedia has compiled countries like Japan and Australia prohibit such. Many countries are very low tip expecting countries. But there are many not just the USA which demand or expect large tips in many different kind of services. I don’t have experience in many countries, but I have lived for 7 years in US and Japan and have been to close to 500 cities in US/India and Japan. SO I really have first hand experience of what tip means in these 3 countries.